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Tag: Economic News

tea prices reduced in Pakistan
Business
  • Web Desk
  • Dec 15, 2023
Branded tea prices reduced at Pakistan’s Utility Stores

In a noteworthy development, the prices of renowned tea brands have experienced a downturn at utility stores across Pakistan, coinciding with a marginal 0.06 per cent decrease in weekly inflation for the week concluding on Thursday, December 14.

Pakistan Stock Exchange Friday timing
Business
  • Web Desk
  • Dec 15, 2023
Pakistan Stock Exchange closes gaining nearly 700 points

In Friday’s trading session, the Pakistan Stock Exchange’s benchmark KSE-100 index concluded at 66,130.02, marking an impressive gain of 679.83 points, or 1.04 per cent.

inflation rate in Pakistan
Business
  • Web Desk
  • Dec 15, 2023
Weekly inflation remains above 43% in Pakistan

In the latest economic update, the Weekly Sensitive Price Indicator (SPI) for the Combined Group experienced a marginal decline of 0.06 per cent WoW, concluding the week ending December 14, 2023.

Apple iPhone 14 Pro Max illegal
Technology
  • Web Desk
  • Dec 14, 2023
Apple iPhones and other popular smartphones to become pricier in Pakistan

The prices of popular mobile phones, including renowned brands such as Apple iPhones and Samsung, are poised for an increase in Pakistan.

Pakistan Stock Exchange new record high in July
Business
  • Web Desk
  • Dec 14, 2023
PSX bounces back following steep decline

In today’s trading session, Pakistan Stock Exchange’s benchmark KSE-100 index embarked on a negative trajectory at the opening bell, mirroring the previous day’s downturn as it revisited the lows of approximately 64,400.

Petrol price in Pakistan on December 16
Business Pakistan
  • Web Desk
  • Dec 09, 2023
Petrol and diesel prices expected to witness a major reduction on December 16

Petrol and diesel prices in Pakistan are poised to experience a reduction in the upcoming week, with reports indicating a noteworthy decline.

Pakistan's exports to China witness notable increase
Business
  • Web Desk
  • Dec 01, 2023
Pakistan’s exports to China soar with nearly 80% YoY growth

Pakistan’s exports of goods and services to China experienced a notable surge, marking a significant increase of 40.36 per cent.

Trade deficit Pakistan
Business Pakistan
  • Web Desk
  • Dec 01, 2023
Pakistan’s trade deficit shrinks by 13.16% in November

Pakistan’s trade deficit demonstrated a notable improvement, standing at $1.89 billion and witnessing a 13.16 per cent reduction.

Pakistan's foreign exchange reserves
Pakistan
  • Web Desk
  • Nov 30, 2023
SBP reserves increase by $77 million, reaching $7.26 billion in one week

During the week ending on November 24, 2023, the State Bank of Pakistan (SBP) saw a noteworthy increase of $77 million in its foreign exchange reserves, reaching a total of $7.26 billion, as reported in data released on Thursday.

petrol price unchanged
Business
  • Web Desk
  • Nov 28, 2023
IMF to evaluate Pakistan’s petroleum levy strategy before petrol price announcement

A team from the International Monetary Fund (IMF) is set to convene with officials from Pakistan’s petroleum division to assess the effectiveness of measures taken in the implementation of the petroleum levy.

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